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NonprofitOrganization

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We specialize in nonprofit accounting through years of professional commitment serving the nonprofit industry. We are well aware of the challenges that nonprofit organizations face today to manage a sound accounting and financial management system. We believe that the challenge that nonprofit organizations face are twofold:

Shortage of professional onsite accounting services

A breakdown in communication between the finance and program departments

BMDPC offers a customized accounting and financial services plan, designed to address specific nonprofit-industry accounting issues, and bridge the gap between the finance and accounting departments. Our services are offered at a cost lower than hiring full-time accounting staff.

Compute indirect and fringe rate and allocated based on the rate stipulated for a specific funding sources

Manage grant spending in relation to grant awards and communicate the funding status to program staff

Produce grant financial reports in the form required by donors or contracts

PAYROLL AND BENEFITS ADMINISTRATION

By developing policies and procedures in the area of payroll and fringe benefits, especially those that comply with the applicable labor laws and benefits administration regulations, BMDPC can keep your company fully compliant at all times.

BMDPC’s Benefits Administration service includes the administration of:

Health, dental, vision, and flexible spending accounts

Short- and long-term disability

Life insurance plans

Employee assistance programs

Retirement plans (such as 401k, 403(b))

And more

COMPLIANCE

We are dedicated to incorporating the current tax law and federal regulation by attending frequent nonprofit accounting and auditing seminars. We ensure that you comply with all required nonprofit tax and information return in a timely manner in order to avoid penalty from missing deadlines or unknown filing requirements. Our service Include: